Fox has also hired Olympic skiing champion Picabo Street as an analyst.

The new Fox hires suggest the company is attempting to steal NBC's thunder, which has U.S. broadcasting rights for the games. In recent months, Fox Sports has hired Erin Andrews, Regis Philbin and Andy Roddick as it gears up for its debut.

"When they asked, they were really encouraging to me to try it out,'' Kwan said. ''They said, 'We are going to be innovative and fun and open to different angles,' which really attracted me. Reporting and storytelling is what they want, so for me, it will be interesting to kind of let the public know about the stories of athletes, or their perspectives on the Olympics.''

In 2010, she covered the Vancouver Winter Olympics for ABC.

Kwan, who currently works for the U.S. State Department as a senior adviser for public diplomacy and public affairs, said she hopes work with Street on some assignments.

"There are so many sports to choose from,'' Kwan said. "I hope I will do some curling and some hockey. Maybe ask skeleton athletes, 'How do you do that?' I won't be covering it like NBC would, but more doing insider stories. I also like the idea they are launching FS1 this month, and I will be able to be a part of it and see it take shape and form."